Another Rinehart daughter exits Hancock board

By Rania Spooner

Bianca Hope Rinehart, the last of Gina Rinehart's three children suing their mother, has officially left the board of the family's iron ore flagship.

Bianca, 33, was removed from the board of Hancock Prospecting on October 31, according to a backdated notice filed with the Australian Securities and Investments Commission on Friday.

The move came one month after Bianca and two of her siblings, John Hancock, 36, and Hope Welker, 26, launched proceedings against their mother in the NSW Supreme Court to remove her as head of the family trust.

It is understood Bianca, who was previously tipped to take over the family business, left Perth to start a family a couple of years ago.

Although Ms Rinehart has fought to keep the details of the bitter legal dispute sealed, the NSW Supreme Court has found that while releasing them would be embarrassing for her they would not expose her to any financial loss.

The suppression order over the case is expected to lapse on Friday, unless an appeal is made to the High Court.

Ginia Rinehart, 25, the only sibling not involved in the court action was added to the Hancock Prospecting board on December 5. Ginia also replaced Bianca on the HMHT Investments board.

The trust at the centre of the legal battle was set up by Lang Hancock for his four grandchildren.